In the tenders on Tuesday the tendency of the American currency decline proceeded.

The reason of the dollar falling became the economic data testifying to increase of current account deficit in the USA and more significant falling of retail sales in the USA.

The US current account deficit increased in the fourth quarter, having reached a record value 224.9 billion dollars.

The economists assumed growth of deficit in the fourth quarter up to $217.80 billion.

The previous value has been revised from -195.8 up to -185.4 billion dollars.

For 2005 deficit made $804.9 billion that is a historical record.

The volume of retail sales in the USA reduced in February after the largest growth for almost two years. The indicators were two times less than the predicted levels.

Retail sales fell basically because of a sales slump in automobile sector.

Thus, the index of retail sales in the USA for February made -1.3 % at the forecast -0.6 %. Sales in January were up 2.3 %.

The given indicator is minimal for the last half of a year

Retail Sales ex-auto in the USA for February made -0.4 % against the previous value of +2.6 %.

It was expected that the given index would make -0.2 %. However the indicator was the lowest since April, 2004.

Index ZEW, published on Tuesday, was worse than the expectations that influenced negatively on a rate of euro. However euro decline was short.

Contrary to optimistical forecasts of growth up to 71, the index fell in March from a mark 69.8 to 63.4.

In turn data on consumer expenses in France were quite good, having confirmed improvement of an economic situation in this country. Inflationary data were at a level of forecasts.

Preliminary value of a consumer price index in France for February made +0.4 % for a month, +1.9 % for a year. The previous value made -0.1 % for a month, and +2.0 % for a year.

Preliminary value of the harmonized consumer price index in France for February made +2.0 % against the previous value of +2.3 % y/y.

The British currency has also become stronger against the dollar, but practically has not changed to euro.

Now the market waits for reports on a labor market and retail sales in Great Britain.